Canada Sports Bonuses
What are Sportsbook Bonuses and how do you get started with online sports betting in Canada?
Sports Betting Casinos operate in much the same way as regular Canadian casino sites, sport bonuses are a big part of how a casino/sportsbook attracts new players and keeps existing players satisfied and continuing to be active on their platform. Sportsbook bonuses come in different forms and sizes but when it comes down to it they can be an excellent way for players to get that extra edge on the house. To make sure you get the best bonus possible to fit with your gambling preferences the key is to understand the different types of sportsbook bonuses available.
This page is packed with the best Canada Sports Bonus deals from reputable, licensed operators. Read on for more information on how sports bonus offers work and the variety on offer when it comes to sports betting promotions in Canada.
How does a Sportsbook Bonus Work?
Sports Betting welcome bonuses work in much the same way as a welcome bonus at an online casino. Be sure to check out the terms and conditions of each bonus and see if you can claim a match bonus at your favourite sports book. Every now and again you'll come across a sports bonus just for registering at a new casino or sportsbook but ofte, the bonus perks come when you make your first deposits at a new Canada sports betting site. In general, all the information you'll need can be found at the casino promotions page. The best organised and user friendly sportsbook and casinos will separate the sports offers from the casino bonus offers so you can view the promotions you most want to enjoy with ease. Here are the most popular sport bonuses you'll likely discover at a new sportsbook and casino:
Sports Sign Up Bonus
A sportsbook bonus for registering a new player account - often called a no deposit sportsbook bonus, it's a form of free bet or cash bonus - a no deposit sports bonus is a great way to get started and try out the sportsbook as there's usually no deposit required. Place free bets sample a new sports site but remember that wagering requirements and other t&c's will come into play with this kind of free sports no deposit bonus.
Sports Match Bonuses
This type of bonus sees your deposit matched up to a certain percentage, with the matching funds generally credited to you once your first deposit has been made. This gives you some bonus cash to play with and place extra bets. Sports match bonus deals often count on your first, second, third and fourth deposits at a new casino, it all depends on the specifics of the sports welcome package at the casino.
Sports Free Bets
The next type of sports book offer is free bets. A free bet or sometimes called a risk-free bet allows you to place a wager with a new online sportsbook, and if it loses, your stake is refunded as a free bet. The free bet bonus usually comes with a set maximum stake and will be credited to your account once the bet has been settled.
Sportsbook Reload Bonuses
Sometimes, after you've used up your welcome bonus you'll get email notifications of new sportsbook reload bonuses. It's a great way to enjoy some extra cash or free bets as loyal player - remember to check the terms and conditions of any promo code before you make use of it. Reload sports bonuses can also be found on the casino/sports book promotions page and might feature as a daily or weekly promotion that you can repeat claim to your hearts content.
Cashback Sports Bonus
Like casino cashback but sports bonus cashback! If you're an experienced punter then this will definitely be of interest to you. Cashback offers generally work as a percentage return on your losses - so if you bet $1000 and lose it all, some casinos might send you up to 10% back as a bonus or free cash.
Sportsbooks love to offer boosted odds on certain markets or bets. It's a great way to get extra value when betting and increase the potential return on your bet slips. Sometimes you'll find boosted odds as part of a special promotion or just as an every day offer - it all depends on the casino/sportsbook promotions page!
Sports Bonus Codes
What are sports betting bonus codes? Sports promo codes (as they're also known) are usually a combination of numbers and letters (or sometimes just letters) that you enter when making a deposit and claiming a bonus. If the sports betting bonus code is affiliated with a registration offer it might be titles as a sports no deposit bonus code. In short, a bonus code is a mechanism for awarding bonus offers to particular casino/sports customers. Each code has it's own set of terms and conditions so never use one without reading up on the details first (more about general sports bonus T&Cs below).
Sports Bonus Terms and Conditions
As with all types of online gambling bonuses, there are some terms and conditions that you must check before claiming a sports betting bonus offer. Wager requirements will almost always be in place and this means you must bet your bonus funds a certain number of times before any winnings can be withdrawn from your account. The more generous the promotion, generally, the lower the wagering terms. Lets look at a list of common sports promotion T&Cs to watch out for:
- Wagering Requirements - Also called play through requirements , you'll need to bet the sports bonus funds a set number of times before withdrawing any winnings
- Time Limits - Bonuses are sometimes subject to time limits and must be used by a certain date or else they will expire.
- Minimum/Maximum Deposits - Some sports betting bonuses may have minimum deposit requirements, or maximum deposit amounts that can qualify for the promotion.
- Qualifying Markets - bonuses for sports betting will often be applied to certain markets and sporting events, or sometimes just specific bets. Check the T&Cs for details on what qualifies for the bonus funds.
- Deposit/Withdrawal Restrictions - Some bonus funds may only be available to use on certain payment methods such as Neteller and Skrill for example.
Sports Book/ Casino Hybrid sites
Many of our Bonus Canada readers who enjoy betting on Sporting events love online casinos too and so they're looking for a great Canadian friendly site to cater for both online Sports Betting and Online Casino entertainment in one convenient, reliable digital space. These sites not only provide the best bonuses, but they're full of games, events and entertainment; sports betting; casino games; poker tournaments; online bingo and much more. We strive to offer you informative reviews and useful listings of sites that blend the fun of both sports betting and casino games.
The Legalities of Sports Betting in Canada
Sports betting is about to get a lot more interesting in Canada. As of August 2021, Canadian sports fans will have the opportunity for single event sport gambling at your province or territory's discretion! It has been made legal by the federal government which legitimizes an industry with billions already spent every year. According to the government, Canadians are already spending nearly $10 billion per year through illegal black market bets with a further 4 billion spent in grey markets! Undoubtedly the government are looking to monitor and tax much of this spend by legalising single event betting in Canada and take this revenue stream out of the hands of illegal betting proponents. It will be interesting to see how this unfolds over the next few years.
Crypto Sports Books
Online sports books and casinos that accept cryptocurrencies such as Bitcoin, Litecoin and Ethereum are rapidly becoming more popular. Not only do we list the top crypto gambling sites in Canada, but we also provide insightful reviews and guidance around betting on sports using cryptocurrencies. Crypto gambling sites operate in much the same way as standard sports books, but they offer additional security features and privacy tools allowing bettors to remain anonymous and enjoy fast payments.
So there you have it - a comprehensive guide to the different sports bonus offers available at new Canada sportsbooks. Don't forget to check out what promotions are available and be sure to read the terms and conditions of any offer before signing up or making a deposit. Good luck!